Essays on Accounting Profession

Introduction

The invention and development of computers have changed many aspects of human society. Most of these changes were too revolutionary, that it is often hard to imagine a life without computers. This increasing reliance of the society towards computing technology is referred to by scholars as ‘internet of things’, a term they use to describe the interconnectedness of people and computing technologies (Gubbi, Buyya, Marusic & Palaniswami, 2013, p.1646). One of the most impacted professions in the advancement of computers is the accounting profession. In fact, computing and accounting are so related that they are often used interchangeably. For accountants, ...

Final co-op report

Province Introduction The purpose of this report is to contemplate on the knowledge and skills that I have acquired during the co-op work term. During my co-op term work, I was an accountant trainee and the experience enabled me to apply the knowledge acquired in class, and also gave me an insight into the future of my career. In this report, I will include my strengths and weaknesses as was revealed by my experience in my co-op term work. Skills, weaknesses, and strengths will be listed as part of my self-evaluation. I will also conduct an evaluation of my ...

Ethics in Accounting Profession

Facts: In the current scenario, the main issue is the deviant workplace behavior which is caused by the several workplace professional and ethical problems. On the basis of research, professionals are behaving unethical due to the certain routines in the organization. In the past, the demand and supply of the individuals were under control. However, in the current scenario, the professionals of the highest quality are facing workload. Moreover, the accounting professionals are expecting an increase in their salaries, according to the work load.

Ethical Issues:

The ethical problem with accountants in relation to the deviant workplace behavior is that it ...

Marchant (2013) wrote the article Management Accounting in the 21st Century: A Profession for Which the Time Has Come, about the growing importance of management accountants in the new century. The author indicates that the twenty-first century has witnessed the emergence of an economy based on the information age, in which knowledge is a primary source of competitiveness. As the boundaries of traditional industries become a blur, there is a new level of demand for the skills of today`s accountants (Marchant, 2013). Marchant (2013) underline the importance of developing an analytical ability, by assembling a team of professionals ...

Abstract

The Sarbanes-Oxley Act changed the ethical nature of accounting for publicly traded companies. The Act requires new forms of ethical behavior from companies, such as creating and maintaining a code of conduct that all employees, even executives, must follow. It also requires that they honestly and accurately report financial reports and maintains that the executive officers of a company have the most responsibility in reporting and certifying that the information is correct. The Act also changes the auditor-client relationship by making auditing more independent of the client, establishing an auditing committee overseen by the SEC, and ensuring transparency. The ...

Personal Leadership Development Plan

STEP 1: MY GOALS I am an accounting major at college level. My pursuit of the course is due to my passion for numbers as I seek professional qualifications in accounting. Ultimately, after the completion of my degree, I would want to operate at the most senior positions of financial organizations as I seek to impart my knowledge into the business and help in managing people. However before I attain the ultimate goal, there one major hurdle that I would like to go over- Internship at a big four firm. I believe that training at the highest level will ...

The accounting profession utilizes Christian ethics that are fundamental in worldwide integration and the use of biblical concepts in direct relation to the accounting profession. Integration of the biblical ethical standards guides is similar to some accounting principles that are widely used for the completion of accounting tasks. Chartered accountants can derive morality from a Christian point of view that is guided by biblical research. The aim of this paper is to relate the concepts of management accounting in the accounting field to Christian ethics and the worldwide view. The Bible has numerous ethical annotations and quotes that were ...

The accounting profession utilizes Christian ethics that are fundamental in worldwide integration and the use of biblical concepts in direct relation to the accounting profession. Integration of the biblical ethical standards guides is similar to some accounting principles that are widely used for the completion of accounting tasks. Chartered accountants can derive morality from a Christian point of view that is guided by biblical research. The aim of this paper is to relate the concepts of management accounting in the accounting field to Christian ethics and the worldwide view. The Bible has numerous ethical annotations and quotes that were ...

Abstract

Ethics is one of the most important aspects in accounting yet most often it is misunderstood and misinterpreted in different organizations in an effort to suite their disclosure grounds. Many researchers have blamed various aspects to this trend. For example, some researchers have turned to the learning institutions as a blame for producing half-baked students who fail to meet fundamental entry to the employment industry. For this reason, the employers are forced to enroll these candidates into other classes in an effort to equip them for the workplace environment. However, since the organizations do not have all the time to ...